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416 Lewiston Landing NE
Welcome to 416 Lewiston Landing, a stunning brand-new Iris Model offering immediate possession in one of Calgary's newest and fastest-growing communities. Thoughtfully designed with modern finishes and future flexibility in mind, this 3-bedroom, 2.5-bathroom home delivers exceptional value for families, investors, and first-time buyers alike.The bright and open-concept main floor features a spacious living room, elegant dining area, and a beautifully appointed kitchen complete with quartz countertops, an under mount Silgranit sink, and a gas line rough-in for your future range. Large windows fill the home with natural light, creating a warm and inviting atmosphere perfect for both everyday living and entertaining.Upstairs, you'll find a spacious primary retreat featuring a walk-in closet and private 4-piece ensuite, along with two additional bedrooms, a full 4-piece bathroom, and convenient upper-level living space designed for growing families.Enjoy outdoor living on the 9' x 10' rear deck complete with a BBQ gas line and quick connect. Additional upgrades include wrought iron spindle railing, quartz countertops throughout, 9-foot foundation walls, and a separate side entrance with a 2-bedroom legal basement legal suite rough-in. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.83 Ft x 5.83 Ft | |
| Dining room | 11.08 Ft x 14.67 Ft | |
| Kitchen | 14.25 Ft x 12.50 Ft | |
| Living room | 12.50 Ft x 13.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.25 Ft | |
| 4pc Bathroom | 10.75 Ft x 4.92 Ft | |
| Bedroom | 9.92 Ft x 9.25 Ft | |
| Bedroom | 9.92 Ft x 9.25 Ft | |
| Primary Bedroom | 12.25 Ft x 1.25 Ft | |
| Other | 5.58 Ft x 9.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.09%
Cap rate
4.65%
GRM
13.9
Break-even rent
$3,844
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 15, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
Hazrat Bilal Islamic Center
8.9 km away
Al-Hedaya Islamic Centre
9.7 km away
Al Madinah Islamic Centre
9.9 km away
11.4 km away
11.9 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.0 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
11.6 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.